Ripple gets a final go-ahead to launch its own U.S. national trust bank
The Office of the Comptroller of the Currency has approved Ripple National Trust Bank (RNTB), Ripple’s CEO Brad Garlinghouse announced on X.
Day: October 27, 2026
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
Hong Kong-based stablecoin payments company RedotPay is reportedly considering a confidential filing for a US initial public offering by the end of 2026, two months after reports that it had delayed its listing plans amid regulatory and legal hurdles. RedotPay is also in talks with investors about a potential pre-IPO funding round that could value the company at between $4 billion and $5 billion, Bloomberg reported Monday, citing people familiar with the matter.RedotPay says it has more than 8 million users, while data from Paymentscan shows $410.5 million in 30-day stablecoin card transaction volume. The company was first reported in February exploring a New York listing that could raise more than $1 billion at a valuation exceeding $4 billion, with JPMorgan Chase, Goldman Sachs and Jefferies reportedly working on the offering.However, Bloomberg reported in August that RedotPay had delayed its US listing plans amid regulatory hurdles and legal disputes involving Binance. The company subsequently disputed that characterization, reportedly saying “there has been no deferral of our IPO,” and that the company is “continuing to work with our partners on the IPO process.” In August, Binance-affiliated companies sued the founders of RedotPay, seeking nearly $473 million in damages over allegations that they used confidential information to build a competing payments business and divert customers.RedotPay has denied the allegations and previously told Cointelegraph that it would “vigorously defend all claims.”Related: Binance, RedotPay clash over fate of Singapore lawsuit
Bitso Launches Morpho Vaults for Latin American Users
Bitso has launched Morpho Vaults, enabling millions of Latin American users to earn yield on MXNB and USDC directly from the Bitso app. This move enhances the platform’s offerings, providing users with new ways to interact with digital currencies. As noted by crypto commentator @Morpho, this feature could significantly impact crypto adoption in the region, […]
Midnight Surpasses $200M in Deposits, Fueling DeFi Growth
Morpho recently amplified a post from @MerlinEgalite, announcing that Midnight has crossed $200 million in total deposits. This rapid growth in deposits could indicate a robust upward trend in the DeFi sector, potentially leading to increased liquidity and market participation. Such milestones can drive further interest and investment in the cryptocurrency ecosystem. What Went Down […]
Akash Network Announces Migration to Solana After Community
In a significant move, the Akash Network has successfully passed a proposal to migrate from the Cosmos blockchain to Solana, securing 98% approval from its community. This transition is poised to enhance the network’s scalability and performance as it launches its native token $AKT as an SPL token on Solana. The news was reported by […]
BloomTrading Covers Full $SOL Losses Following Security Breach
BloomTrading has announced that it has fully refunded all 9,408 $SOL lost by nine users due to a recent security incident. The exchange’s commitment to covering 100% of the affected funds is a significant move towards ensuring user confidence in its platform. This proactive approach underscores the importance of exchange security in the growing cryptocurrency […]
Faster Solana slots fail to stop memecoin bot snipers
Bitquery measured outside buying within roughly 1.3 seconds at 53% versus 52% in samples that predate the final 200ms reduction. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
US Treasury Bitcoin Buy Odds Hit 21% on Kalshi but Few Are Betting
A Kalshi contract betting that the U.S. Treasury will buy bitcoin before 2028 touched 21%, but only a sliver of money is backing that number. The Contract’s Ask Odds on Kalshi had risen past 20% that the U.S. Treasury will buy bitcoin next year. The fine print, however, was narrower and it bears mentioning that […]
Ripple Wins Final OCC Trust Bank Approval, Putting $2.5B RLUSD Under Federal Oversight
Key Takeaways: Ripple received final OCC authorization for its national trust bank. The bank will back up both reserves (RLUSD) and digital asset custody. RLUSD’s market value has increased to approximately $2.5 billion. User Score 8.7 Follow us on Google News Ripple has cleared a major U.S. regulatory hurdle, securing final approval from the Office […]
Nvidia extends GPU lifespan to 8 years, impacting AI financing strategies
Nvidia’s GPU longevity could reshape AI asset valuation, enhancing financial stability and altering market dynamics for AI companies. The post Nvidia extends GPU lifespan to 8 years, impacting AI financing strategies appeared first on Crypto Briefing.
